Rekor Systems (REKR) CEO reports 1,000,000-share gift to trust

Rhea-AI Filing Summary

Rekor Systems, Inc. director and CEO Robert Alan Berman reported an indirect bona fide gift of 1,000,000 shares of Rekor common stock on May 27, 2026. The shares were transferred by Avon Road Partners, L.P. to a trust where Avon Road is a beneficiary but has no investment control, and the reporting persons no longer have beneficial ownership of these shares. Following the transactions, Berman holds 2,685,219 Rekor shares directly, while Avon Road is shown with 1,000 Rekor shares held indirectly.

Insights

Equity governance analyst

Large insider gift is non‑market and primarily shifts ownership structure.

The filing shows an indirect transfer of 1,000,000 Rekor Systems common shares as a bona fide gift from Avon Road Partners, L.P. to a trust. Footnotes state Avon Road is only a beneficiary and has no investment control, so the reporting persons cease beneficial ownership of these shares.

This is a non-cash, non-market disposition (code G), so it does not reflect a sale or price view. After the transfer, Robert Berman still directly owns 2,685,219 shares, and Avon Road retains 1,000 shares indirectly. The move mainly affects reported ownership, with limited direct valuation implications.

Insider Trade Summary

Net Seller: 1,000,000 shares

Net Sell 2 txns

Insider BERMAN ROBERT ALAN

Role CEO and Executive Chairman

Type	Security	Shares	Price	Value
Gift	Common Stock	1,000,000	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,000 shares (Indirect, By Avon Road, L.P.); Common Stock — 2,685,219 shares (Direct)

Footnotes (2)

1. F1. Avon Road Partners, L.P. ("Avon Road") transferred 1,000,000 shares of Common Stock to a trust of which Avon Road is a beneficiary, but has no investment control over the securities held by the trust. The reporting persons no longer have a beneficial ownership in the transferred shares.
2. F2. Mr. Berman is the general partner of Avon Road.

Key Figures

Gifted shares: 1,000,000 shares Direct holdings after transaction: 2,685,219 shares Indirect holdings after transaction: 1,000 shares +2 more

5 metrics

Gifted shares 1,000,000 shares Bona fide gift of common stock on May 27, 2026

Direct holdings after transaction 2,685,219 shares Robert Berman direct Rekor common stock holding

Indirect holdings after transaction 1,000 shares Avon Road Partners, L.P. indirect Rekor common stock holding

Gift price per share $0.0000 per share Non-cash bona fide gift, no sale proceeds

Gift transaction count 1 transaction Form 4 transactionSummary giftCount

Key Terms

bona fide gift, beneficial ownership, indirect ownership, general partner, +1 more

5 terms

bona fide gift financial

"transaction_code_description: Bona fide gift"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

beneficial ownership financial

"The reporting persons no longer have a beneficial ownership in the transferred shares."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

indirect ownership financial

"ownership_type: indirect; nature_of_ownership: By Avon Road, L.P."

general partner financial

"Mr. Berman is the general partner of Avon Road."

A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

What insider transaction did Rekor Systems (REKR) report on May 27, 2026?

Rekor Systems reported a large insider gift of shares. Avon Road Partners, L.P., associated with CEO Robert Berman, made a bona fide gift transfer of 1,000,000 Rekor common shares to a trust, ending the reporting persons’ beneficial ownership of those specific shares.

Did Rekor Systems (REKR) CEO Robert Berman sell any shares in this Form 4?

No, the Form 4 shows a gift, not a sale. The transaction is coded as a bona fide gift of 1,000,000 Rekor common shares by Avon Road Partners, L.P. to a trust, with no sale price and no open‑market selling activity disclosed.

How many Rekor Systems (REKR) shares did Avon Road Partners transfer?

Avon Road Partners, L.P. transferred 1,000,000 Rekor shares. These common shares were gifted to a trust in a bona fide gift transaction. After the transfer, Avon Road is reported with 1,000 Rekor shares, and the reporting persons no longer beneficially own the gifted shares.

What are Robert Berman’s Rekor Systems (REKR) holdings after this Form 4?

Robert Berman directly holds 2,685,219 Rekor shares after the filing. The Form 4 also shows 1,000 Rekor shares held indirectly through Avon Road Partners, L.P. The 1,000,000 gifted shares are no longer counted as beneficially owned by the reporting persons.

How does the Form 4 describe the trust receiving Rekor (REKR) shares?

The trust holds gifted Rekor shares where Avon Road is a beneficiary. Footnotes explain Avon Road has no investment control over the securities in the trust, and the reporting persons therefore no longer have beneficial ownership of the 1,000,000 transferred Rekor common shares.

What transaction code is used in the Rekor Systems (REKR) Form 4?

The Form 4 uses transaction code G for a bona fide gift. This code indicates a non-cash gift disposition of 1,000,000 Rekor common shares by Avon Road Partners, L.P. to a trust, rather than a market sale or purchase of the stock.

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Accepted by SEC EDGAR 05/29/2026 - 07:47 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BERMAN ROBERT ALAN

(Last) (First) (Middle)

C/O REKOR SYSTEMS, INC.

6721 COLUMBIA GATEWAY DRIVE, SUITE 400

(Street)

COLUMBIA MARYLAND 21046

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Rekor Systems, Inc. [ REKR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Executive Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								2,685,219	D
Common Stock	05/27/2026		G	V	1,000,000(1)	D	(1)	1,000	I	By Avon Road, L.P.(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Avon Road Partners, L.P. ("Avon Road") transferred 1,000,000 shares of Common Stock to a trust of which Avon Road is a beneficiary, but has no investment control over the securities held by the trust. The reporting persons no longer have a beneficial ownership in the transferred shares.

2. Mr. Berman is the general partner of Avon Road.

	/s/ Robert A. Berman	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)